This is crypto so price pumps and dumps in minutes. That's why I always suggest people to not be greedy and set your target if it has hit that then you should take your all money out of that coin. I have learned this from my experience and I believe this will be good decision for every trade.
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It is possible but Cardano is developing very slow so Ethereum will not allow it to compete.. Cardano is testing their smart contracts so hope they will launch their smart contract fully in this august. So we will see many people invest in Cardano.
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No one expected that Doge can hit 0.7$ but how it happened? Many sites used to give Dogecoin free but now there is no any site that gives Dogecoins free. Now we can say that anything can happen in this crypto market. BTC can go up 20-30% in a day or it can dump 20-30% in a day. It is very difiicult to predict the market.
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The main reason is that BTC is the first cryptocurrency of cryptomarket and Many companies are using it, so many people are only interested in investing in BTC and the full crypto market is dependent on Bitcoin when bitcoin comes down all altcoins follow it and comes down so we can say that BTC is the king of crypto market.
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Both are good, Binance has launched many new features NFT marketplace, Binance Pay, etc. Ethereum is also good it is also launching new updates, so many users and investors are attracting towards both. I am choosing Ethereum because I believe it is the best for 2021.
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This happens approximately with everyone. When I was new in crypto and didn't have any experience, I made many wrong decisions, and now I am regretting for those decisions. I got 5x profit from a coin but I didn't sell at that time and now I am at a big loss . So I have learned a lot from my mistakes.
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This is true, money is the need of everyone so it's not easy to make money on any platform. You should have some experience, knowledge and information. In this crypto market many people are doing scams and many people are being scammed, so you have to find the best one project for making moeny.
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Now, we can say that market is fully green. Our losses are now recovering. Ethereum is doing fantastic now, It has crossed 3k now it is rapidly going for 4k$. My next target for Ethereum is 4K. I hope BTC will not be resisted at 44K$, because if it comes down after touching resistance then maybe Ethereum comes below 3K.
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I have listened many times from different places that Cake is the best for staking I have not tried it myself, because I don't want to take profit from any staking. You can check it on Pancakeswap.
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I had 3k on pancakeswap and did almost 4x now is return to break even. I had Ethereum 4.7 now its 2k I had ada $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
Yes, I hope it will be recovered soon by the end of this year. This is crypto mate, if you had sold your coins in profit you would not get this loss. If you were holding for long-term then you shouldn't be worried. If you are holding for a short term then you should always set a target for profit, because the price can go down in a minute after hitting a limit.
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Now old coins are not worthy as like new ones. Some old coins are still worthy like, Ethereum, BNB, Doge, XRP because they are active people are getting updates and news about those coins that's why these are still worthy. But other old coins now have become inactive that's why nobody is investing and they are not worthy now.
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Maybe XRP gives a good profit, but I don't think the same about TRX. You should take look at other good projects for the long term. My list for long-term investment is BTC, Ethereum, FTT, and ADA. Dot is also good for long term investment so must research yourself before investing your money in any coin.NFA
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I will first add BTC and Ethereum then other coins. These are my 8 favorite altcoins for now. 1. BTC: Everyone knows about so I am not mentioning more about it. 2. Ethereum: It is good for short as well as long 3. ADA: It is very famous for long-term 4. FTT: Now many users are migrating towards FTX exchange so Its token is now increasing. 5. WRX: There will be good news about Wazirx in august so it will surely pump 6. Matic: Good Project 7. ARPA: Good Project and have good ideas 8. TKO: Good Project
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